Argent Corporation

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InfoArgent Corporation was a company in Las Vegas that at one time controlled the Hacienda (resort) Hotel/Casino, the Stardust Resort & Casino, the Fremont Hotel and Casino and the casino in the Marina Hotel.more...The company was owned by Allen Glick, a San Diego real estate investor. The name Argent came from the three initials of his name, combined with the first three letters of the word "Enterprises". However, state and local officials in Nevada believed that the casinos were controlled by organized crime families in the Mid-West and that a huge skimming operation was conducted within the casinos.

Argent was owned by Allen Glick, but the casino was believed to be controlled by various organized crime families from the Midwest.Over the next six years, Argent Corporation siphoned off between $7 and $15 million using rigged scales.When exposed by the FBI, this skimming operation was the largest ever exposed.…

During the meeting, the mobsters arranged a meeting between Balistrieri and Allen Glick, the Cosa Nostra front man in that city.Balistrieri wanted to buy an option to purchase part of Glick's Argent Corporation, a holding company for four casino resorts.…

Argent was owned by Allen Glick, but the casino was believed to be controlled by various organized crime families from the Midwest.In the 1970s Argent Corporation had siphoned off between $7 and $15 million using rigged scales.When exposed by the FBI, this skimming operation was the largest ever exposed.…

The giant stone Tiki head that marked the entrance was later moved to an island in an artificial lake at Sunset Park in Winchester, Nevada.After Argent Corporation was forced out of the gaming business in the late 1970s, the casino was sold to Al Sachs and Herb Tobman.However, the gaming authorities found that skimming was still going on.…

After Hoffa went to prison in 1967, Dorfman took control of the Central States Pension fund.Among the loans he later made was a $160 million loan to Argent Corporation, which owned a group of casinos, including the Stardust Resort & Casino.The casinos at that time were infiltrated by organized crime and were being heavily skimmed.…

In 1963 the Hotel was expanded to include the 14 story Ogden tower and one of the city's first vertical parking garages.In 1974 Allen Glick's Argent Corporation purchased the Fremont and in 1976 expanded the casino at a cost of $4 million.…

His sons were convicted of extorting a vending machine businessman and each received two years in prison.In September 1985, Balistrieri was tried in Kansas City, Missouri with eight other associates for skimming an estimated $2 million of the gross income of the Argent Corporation from Syndicate casino operations.Federal prosecutors further accused Balistrieri of skimming the unreported income and distributing it to organized crime figures in Kansas City, Chicago, Milwaukee, and Cleveland.…

This gave him an idea to focus on a new book about the true story of mob infringement in Las Vegas during the 1970s, when filming of Goodfellas (the screenplay which he co-wrote with Scorsese) was coming to an end.The fictional Tangiers resort reflected the story of the Stardust Resort and Casino, which had been bought by Argent Corporation in 1974 using loans from the Teamsters Central States Pension Fund.Argent was owned by Allen Glick, but the casino was believed to be controlled by various organized crime families from the Midwest.…